PERSISTENT selling pressure dragged this stock to a 15-month low of RM3.30 on Tuesday. Though prices bounced off their lows yesterday, the technical indicators remained bearish. The stochastics momentum index is pointing down and the moving-average convergence/divergence indicator is on a sideways to lower trending. However, if prices break above the RM3.72 strong resistance, it will signal a trend reversal. Support is expected at RM3.18.
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